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Issue of Shares

25th Jun 2007 07:00

Albidon Limited25 June 2007 Level 1 62 Colin St West Perth 6005ALBIDON LTD Western Australia ARBN 107 288 755 Tel: +61.8.9211 4600 Fax: +61.8.9211 4699 Email:[email protected] ASX Code: ALB AIM Code: ALD 21 June 2007 Market release via electronic lodgement EXERCISE OF OPTIONS The Company advised that following shareholder approval it has today issued400,000 ordinary shares at 75 cents each to Mr Dale Rogers. Mr Rogers now has a beneficial interest in the following securities in theCompany: 350,000 shares1,200,000 unlisted options exercisable at AUD$0.75 on or before 1 December 20081,200,000 unlisted options exercisable at AUD$2.10 on or before 27 February 2010 By order of the BoardAlbidon Limited If you have any queries please contact the CFO, Nicholas Day on +61 8 9211 4600. Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 94802500. This information is provided by RNS The company news service from the London Stock Exchange

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